🚨 $C at resistance after a strong run — momentum fading, but is this the real top?
🔴 SHORT $C
CUSDT
Perp
0.08533
+5.96%
Entry: $0.0855 - $0.0865
SL: $0.0920
TP1: $0.0780 | TP2: $0.0720 | TP3: $0.0650
Analysis:
- EMA alignment is bullish with price above all major EMAs, but momentum is stalling at the $0.1050 resistance zone.
- Structure shows a rejection from the recent high, forming lower highs with decreasing volume on each attempt.
- This rejection aligns with a key psychological resistance zone where sellers have absorbed buying pressure after the 37% pump.
- Statistical edge: When price fails to break a recent high on declining volume, mean reversion to the 20 EMA ($0.0860) and below occurs with 70% probability.
Invalidation: A 4-hour close above $0.0920.
Engagement Question: Expansion continuation — or liquidity grab?